Adaptive Insights is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce. Solution!As a growing company, we needed to shift from Excel-based budgeting/reporting models to a much more capable (and sophisticated) model. We selected Adaptive based on the tool's capabilities, the fact that it's cloud-based (SaaS), and easily scalable. We deployed Adaptive for all budget owners within 3 months of making our decision. Using Adaptive, our budget owners and executives now have a much better (and faster) view of our financials, as well as allowing the finance team to spend time on analysis/insight.,Overall structure of the model is both powerful and simple. Accounts and levels (departments/cost centers) drive the overall data structure. Once this principle is firmly understood, the tool is quite easy to understand from an implementation and administrative perspective. Customer support is outstanding. Even though we're a small company, Adaptive doesn't recognize that (or care). I've had conversations with a variety of their team members on a number of different topics, and they are very good at supporting our company. Reporting tools are world-class. It's nice that you can have a best-in-class planning system, but without equally strong reporting tools, it really doesn't mean much. Adaptive's easy-to-build reports are both flexible and powerful. Administration is easy. Helpful tools to make your system secure.,Our biggest challenge is that more people want the tool than we (originally) budgeted for. (This really isn't a con, but be aware that if you're moving from an Excel-based manual model, people will be really hungry for this type of tool/application.),10,Positive: We are much more efficient now than previously. The time savings alone, and our ability to focus on insights/analytics using less resources has been a great strength to our company.,IBM Cognos, Host Analytics Cloud EPM Suite and Oracle Hyperion Enterprise Performance Management,Veeva Vault, Sage Intacct,,,Planning (Forecasting, Budgeting) Management and Statutory Reporting Analytics,Stock-based compensation forecasting linked with workforce planning. This was historically a very challenging calculation, given our headcount growth and manual process. Using Adaptive, we were able to generate formulas based on our overall workforce plan, along with highly "auditable" calculations (i.e., we don't have a "black box" where nobody can explain how the number is calculated).,Linking our PO system directly within Adaptive, so that business/operational leaders can see a list of all their open POs and plan accordingly.,10,Yes,Product Features Product Usability Prior Experience with the Product Vendor Reputation Existing Relationship with the Vendor,During the vendor review/selection cycle, we would attempt to identify "best-in-class" core processes, and then rack/stack the vendors accordingly. Knowing what I know now, Adaptive would still come out on top for me.,Third-party professional services,Yes,Change management was a small part of the implementation and was well-handled,Foreign currency-related issues, which the Carlson team expertly understood and resolved in a timely manner.,10,10,No,As a new administrator, I was trying to resolve an issue with my cash flow model (I thought a custom account wasn't calculating correctly). However, one adjustment that the Support team recommended I make very quickly solved my issue. Importantly, they also taught me understand the "core" principle so that I use this feature going forward for other areas of my model.,Integration with our core ERP platform. Once this is set up, scheduling data feeds from any source system is simple and fast. Workforce planning is outstanding. We have several inputs in our workforce model (including location, benefits, etc.) and the ability to have drop-down menus with appropriate selections appear is excellent. Scenario modeling: I'm particularly pleased with this aspect of Adaptive, since we do quite a bit of scenario modeling for each budget/forecast cycle. The way we've structured our model allows for many different scenarios, with the ability to easily turn each scenario on/off.,The functions themselves aren't difficult to use; like any system/tool, it does take some training to fully understand how to exploit the power of these functions and the tool's overall capabilities.,10Time SavingAdaptive was purchased to improve our current budget processes and make it more efficient. The software is being used by the Finance Department and key bBusiness users across the organization. Prior to Adaptive, the organization used complex Excel spreadsheets for over 90 departments. Adaptive has taken these complex spreadsheets and incorporated them into the set up and incorporates all of the standards and assumptions, so that the end user only has to input their information one time and everything flows through to the correct budget sheets for analysis.,Adaptive's reporting function is an excellent tool for analysis. It can be used for budget formulation through monthly reporting analysis. Adaptive makes it easy to get down to the most minute level of detail in order to quickly give analysis on the budget, through its modeled sheets, and cube sheets.,I don't see any weaknesses from the software, other than it not having the flexibility to make changes to other versions of budgets without affecting previous versions.,10,Allowed us to be more efficient with the budget process. No excel spreadsheets to consolidate and roll-up budgets.,,Sage Intacct,46,2,Budget Forecasting Budget Planning Budget Variance Reporting Currency Management,N/A,It's possible for us to look at our billable time. We just haven't made it there yet.,10,Yes,Product Features Product Usability,I don't think I would change a thing.,Third-party professional services,No,Change management was a major issue with the implementation,None that were quantifiable.,10,Online training Self-taught,9,No-Training is needed.,10,None that I can think of....,Some - we have done small customizations to the interface,None,No,8,No,I was having issues with some items that were change during a previous services agreement. Even though that service was closed, they helped me figure out the issue with the calculation error.,All sheets flow into the budget sheet. This allows for seamless roll-ups.,Formulas are somewhat confusing.,No,10,10,10,10,We have integrated our account system - Intacct,No-Not at this time.,File import/export,10,Work with the professionals at Adaptive to get it right!,10,9,Not Sure.,None at this time.,No,N/A,N/A,No,NoAdaptive Planning is great! Very easy to use!It is being used across the whole organization. It helps gets everyone on the same page and see where we can spend money in the future.,Does active planning really well Efficient Ease of use,Better integration with Excel Formula builder Comparing versions,10,More efficient Time savings,,NetSuite,15,7,Planning budgeting reporting,headcount planning,revenue planning,9,No,Price Product Features Product Usability Product Reputation Vendor Reputation,Evaluate more products,Don't know,data integration netsuite integration,8,No,7,No,Whenever I need to refresh the sandbox they jump on it and have been great. They have also helped with our integrations.,budgeting formulas filters,multi-dimensions cube sheet,No,8CareStar recommends Adaptive Insights for reporting and dashboardsWe use it for financial statements, budgeting, forecasting, and other operational reporting. We also use the dashboard for both financial and operational data. It is used by our executives and all our department directors. It has greatly streamlined our budgeting, forecasting, and financial reporting processes. Additionally, the dashboard provides a means to communicate KPIs in an efficient manner.,Financial Reporting - financial statements are done instantaneously once the books are closed. There is no processing required. Recipients of the reports can obtain everything they need self-service. There is no distribution process required. Budgeting/forecasting - We converted our Excel process (which used 30 linked workbooks, 20 sheets each, and 50+ formulas each sheet, for a total of 30,000 formulas) to Adaptive. Now that the model is set up, new forecasts can be set up in minutes, rather than hours/days. The whole model is driver-based and easy to manage. It is much more intuitive for our directors, too. All they need to supply are updated drivers to run a new budget or forecast. Dashboard - We now have a company-wide mechanism for communicating KPIs, and both financial and non-financial data. Data can be presented both visually or in numeric formats.,10,The Adaptive Planning portion of the suite is very mature and has few short-comings. The biggest improvement I can think of is the ability for formulas to cross versions. The Adaptive Discovery (dashboard) portion of the suite is much less mature. There are many chart types not available that are in Excel. For example, I would like to have an X-Y scatter chart to use. Also, some of the dial (chart) types have very little formatting options (like pie charts). While the object of the web-based product is to eliminate paper printing, there are times when it is necessary to print financial statements. It would be nice to print directly to pdf with the ability to format the reports.,Cycle time for processing financial statements, budgets, and forecasts are greatly reduced. Visibility of company metrics and drivers has been increased across the company. The ease and ability to quickly create multiple forecasts using different scenarios is now available.,There has been a much greater focus on what drives the company profitability, and what it takes to improve those drivers. By focusing on those drivers, our executives and directors can take action that directly affect the bottom line, as opposed to simply "trying to cut costs" in a general sense.With Adaptive, we report on these same drivers that, not only make them more visible, but greater effort is made to improve their accuracy and to understand how they impact the business.All of this leads to more meaningful financial statements, reports, dashboards, and budgets. With Adaptive's distribution, this information can be disseminated very quickly.,9,The first-year setup will take a great deal of time, as you would expect. But once the model and dashboards are setup, it takes a great deal less time to maintain them. I found the second cycle to be much more focused on tweaking the model, and understating how the business operates, and how it can be better represented in the model. After that, it becomes an exercise of discovering what data is available in the company, and how it can be presented in a meaningful way.To summarize, it does allow for greater time to do analysis, but don't expect that the first year.,,Yes,Product Usability Product Reputation Third-party Reviews,We have been using it about two years now and everything is working as expected, and we are very happy with it. I would give it my highest recommendation. Given our success with the product, I have no regrets as to how we did the evaluation and selection process, and would not change anything. So much product and customer satisfaction information is available online now (such as this site), that it greatly streamlines the process. The "sales pitch" does not supply objective information, as they all say they have the best product. If I were in the market for another kind of product, I would do the search in the same way.Adaptive InsightsAdaptive Suite is used by the whole organization, even though the data entry is centralized in one department. It is used to plan the budget of the current and following year and to analyze the information by the reports customized by us.,Reload with new info Import data Export data,10,Reports,Positive impact in deadlines,Yes, it has been a lot of improvement in the quality of the information.,8,Yes, the import of the data to the software is much faster than other programs i used to work with leaving more time for strategic analysis,,Yes,Product Features Product Usability Prior Experience with the Product,I would not change itAdaptive, Collaborative, Innovative, Positive!I was a previous user/admin of Adaptive planning for about 4 years. My current company that I recently joined decided to take the plunge on a CPM system. I will be updating this review at different intervals as we go through the life cycle of using Adaptive. The main use case is to move off of spreadsheets and into a holistic "last mile of finance" approach (reporting, analysis, budgeting, and consolidation).,Self Service - the ability to allow users to enter their budgets into simple online spreadsheets. Also the ability to utilize the Excel add-in for those who want to download the online spreadsheets and create offline budgets and then resubmit them back into adaptive. Ease of administration - Finance can solely own this system, not necessary for IT to be involved, although it helps to have a technical finance resource who understands data modeling. Reporting - with several ways to extract data (online report, office connect, Excel add-in, and discovery) you have access to all types of data views that are simply given to you at a click of the button. I am able to reproduce accounting ledger results quicker then the accounting team can refresh their Management Reporter reports (for those who use Dynamics GP/SL/AX, you know what I mean). Accessibility - I'm able to access adaptive at home, office, and even when I'm mobile. I would go into meetings with an executive with adaptive on my phone with certain drill downs already loaded, so when they asked me a specific question I could easily answer. Collaboration - Adaptive really allows you to collaborate and communicate with your users in different ways. They are able to "communicate" to you with report notes, cell notes, row splits and you can communicate with them through the task manager. No more meetings to ask "what did you change or what is in this number.,9,Consolidations - while we didn't purchase the consolidation platform, it was something we evaluated and at the time it wasn't up to par with some of the other competitors for certain use cases. I know they are advancing in this areas however. Standard Sheets vs. Cubes Sheets - with more and more accounting systems adding dimensionality I can see the standard sheets having limited lifespan, would like the Cube Sheets to be able to do inline splits, which I think is the best (and perhaps only reason) to use the Standard Sheets, however you lose the dimensionality if you use standard sheets. Reporting/Discovery graphics - not a huge fan of how the reports and discovery graphics look on screen. Would like to see some Tableau/Qlickview like improvement in this area. The colors and graphics sometimes look dated/choppy and definitely not as clean as other BI tools. Definitely have seen improvement in this area over the past 2-3 years but more is needed.,Easily will save 75% of finance team time on budgeting and planning. Improved cost control, budgets, and forecasts are at the users' finger tips with actuals vs. budget vs forecast. No excuses to overspend and allows finance to be better business partners.,10,Host Analytics Cloud EPM Suite, BOARD and Oracle Hyperion Enterprise Performance Management,Microsoft Dynamics GP, Microsoft Dynamics AX,No,Price Product Features Product Usability Prior Experience with the Product Analyst Reports Third-party Reviews,I think we had a good evaluation and selection process. It's always about being clear and precise with the vendors so they can scope properly and also ensure sales and the demo team are joined up and producing what you want from your use case. If you're not clear on something then ask. Time should not be a constraint and if they say "yes we can do this" tell them to show you.,Administrative tasks Report building Using the budget input sheets version control,discovery tools some flakiness with initial setup of integrations,YesAdaptive InsightsWe were tasked to automate our budget and planning process. A cross functional group decided on Adaptive and we use it for our budget forecasting and reporting throughout our company. Adaptive has exceeded our expectations and continues to meet our requirements.,Ease of implementation Ease of use Easily maintained Cutting edge Improves accuracy and timeliness of the planning process,We are happy with our selection,10,We achieved our planned ROI Continues to add value to our organization We continue to improve our use of the software features,SAP,ADP eTime,55,5,Budget Forecasting Reporting Strategic Planning,Uploading bill of materials Automating our processes Automating our reporting,We have expanded our use of Adaptive every year Adding instances Adding functionality,10,No,Price Product Features Product Usability Analyst Reports,No we would still choose Adaptive and would not change anything. We did our due diligence reviewing various third party providers along with in house solutions and improving our existing budget and planning process. When the dust settled we decided on Adaptive and are very satisfied with our decision.,Professional services company,No,Change management was minimal,System response Unfamiliar with manufacturing Our business requirements,9,Self-taught,This depends on the level of talent in the finance organization. We are a small group of experienced analysts with higher than average computer skills, so this approach was really effective for us. Adaptive is very intuitive and easy to learn and implement. Recommending this requires knowledge of the staff and implementation group.,10,No - we have not done any customization to the interface,Yes - we have added extensive custom code,Yes,9,Yes,When we were implementing we experienced slow system response and Adaptive got the engineers involved and resolved our issues at their expense. Their commitment during our implementation exceeded our expectations. They didn't sell us prior to our purchase, they sold us during the implementation and many times afterwards when we looked to improve our model.,Reporting Sheet design Workflow,Until you learn it formulas can a little difficult,Yes,10,10,10,9,File import/export,10,10,10,Yes,No,NoGreat forecasting & budgeting toolWe were one of the early adopters of Adaptive and have used this for budgeting, forecasting, "what-if" scenarios, business changes, etc. It has been a staple of the business and improved our budgeting and forecasting. It has allowed us to review our business model and test out the possible impacts of changes to our organization or business model. As an organization we are very positive regarding Adaptive and have demonstrated it to a number of companies that added this to their organizations.,Budgeting because of it's flexibility Forecasting in different areas of the business because it allows input from our operating personnel "What if" scenarios that allow us to look at the impact of making changes within the organization,It imports the data to Excel but it would be nice if it was a bit more flexible in converting it's formulas to Excel formulas,10,10,It is used throughout the company in different divisions and at our corporate level. When used in a division recently the personnel from different departments directly inputted data and monitored their budget against actual. It is very user friendly and flexible.,9,10,40,2,Reporting,Forecasting Budgeting Future business decisions,No,Product Features Product Usability,We probably would not change much. We evaluated 5 different products and Adaptive was the best fit.,Setting up the model Data input Making changes to the model and fitting to organization,The worst is setting up the personnel function for allocations,10,10Adaptive will change the way we handle the budgeting process as well as increase efficiency.We are just implementing Adaptive Planning and Discovery and have recently seen a demo of the OfficeConnect product. I truly believe the OfficeConnect product will transform the way we do financial statements as well as the year end audit. To have have ability to refresh reports by pointing and clicking will definitely increase the efficiency and productivity of all our processes.,Adaptive gives us the ability to view information at several levels that we can not easily do in our ERP system. The workflow process will enable to see where users are at in the budgeting process. In the past, we used excel spreadsheets which was inefficient and allowed for things to be missed.,Ability to filter and search on sheets Ability to adjust column widths in sheets to make more readable. Suppress columns with 0 value.,9,,8,We have found that it easier to drill down in Adaptive versus our ERP system (Banner),4,Yes,Price Product Features Product Usability Product Reputation Vendor Reputation Analyst Reports,At this point I don't think I would change the process, we are too new to the product.,Vendor implemented,No,Change management was a small part of the implementation and was well-handled,Determining how will we do things in Adaptive, that were not previously done.,7,9,10,8Adaptive Planning Review from NorthStar FinancialEasily allows for data entry of forecasted revenue/expense items - Minimal training needed to get all users familiar with the software. Reporting - drag and drop features allows for easy creation of reports and limitless options on reporting features. Consolidation - allows to easily roll up all business units in a real-time display of consolidated financial data. Version control - creating new and unique versions is as simple as a "save as" in Excel. Visualization thru Graphical Display - Adaptive Discovery allows for the creation of charts and graphs for KPI, scorecarding, and other graphical display of financial data. Account Creation - Simple to create new accounts. Plan changes - adding new business units is very easy. Access control - simple to set up users with specific access to data, such as plan and salary level detail.,Adaptive relies on a Java applet to run, which can cause issues with having to download Java if IT departments do company wide updates. Also, Apple Macs have had issues, although this has been addressed. Printing reports directly to PDFs could be added for easier board book formatting without having to export to Excel. Formula syntax can be tricky for complex formula creation. Experience is required to get a good handle on formula creation. Unique Personnel Planning requirements can require some customization.,ROI would be measured in time savings across all users including finance administrators. Calculation would be in the triple digits.,10,10,25,1,Budgeting & Forecasting - used to budget across all of our companies and business units and quarterly re-forecasts are made in the system. Reporting - Used for variance reporting, financial metrics reporting, financial reports, etc. Dashboard display - Used to display advanced KPIs through the Discovery module.,Some ways we've utilized Adaptive Planning that might be unexpected have been for Corporate Overhead Allocation planning. Prior to using Adaptive, we allocated shared service (HR, IT, Finance, Legal, Office Space, etc) expenses based on a number of factors including headcount, revenue, time spent, etc, but had no way to project out future allocations to our 8 subsidiaries that were allocated these expenses. This was a problem as one of our subsidiaries was growing revenues and headcount at a much faster rate than the others. With Adaptive we were able to utilize new accounts for future drivers that tied into our personnel planning and revenue plans, as well as others, to forecast future overhead allocations in real time, as users made changes to their plans. This is not only a great benefit for P&L projections, but also a time saver for finance when doing quarterly reforecasts, where we no longer have to spend a few days updating projections for the year. We've added the Discovery Visual Display tool from Adaptive Planning and have been able to display key metrics, that we couldn't easily track and display in real time before, including some alternative asset based fee metrics. Also, we've been able to add some capabilities using Discovery including scorecards and metrics that we utilize across all of our subsidiaries, including some variance and year over year displays. Discovery allows us to easily filter these metrics by company to easily change views and keep the same metric display. Adaptive allows us to create sub-departments that roll up to reporting departments, which allows us to grant access to users who might only plan sales-related expenses for a single department, even though we don't specifically report sales data separately. This has been a time savings for managers who can know focus on more value-added activities and decentralizes the planning process for that department. We've been able to create multiple reports that have allowed us to conduct more accurate accounting reviews during the month-end close process. Some of these reports include account averages for the prior 3-months, while reporting variances from that average as well as variances from plan data. This allows us to more easily identify entries that need review. For two of our subsidiaries, we've been able to create sheets where we can plan revenue on customer level by month. This is something we hadn't plan to do after purchasing the application. However, the ease of planning, updating data through excel imports, and linking the output to specific plans and accounts, allows us to have a much more accurate forecast of revenues for both of these subsidiaries.,,,Implemented in-house Professional services company,10,Online training Self-taught,10,Training can be done with a minimal time commitment. Utilizing the Webex sessions along with training manuals is a good approach.,Some configuration of the account groupings/display, but very easy to do.,No,9,9,10,9,,We have a 3 year term.I will seek out companies using and/or considering Adaptive whenever I make my next career move!We are using Adaptive for our annual planning process and interim forecast updates. We have also started using Adaptive for ad hoc reporting and will be transitioning our monthly and quarterly reporting decks to Adaptive over the next couple of months. Currently, only our FP&A department utilizes Adaptive, but we plan to expand to the Accounting department, at a minimum over the next 3 - 6 months.,The product is very intuitive We were able to customize our instance/installation to meet our specific needs Customer support is very responsive Product enhancements are happening regularly (e.g. the addition of level attributes to Office Connect),Lacks the ability to have multiple organization structures (this would be helpful for reporting in multiple years, when a re-org happens, etc) For our company, the licensing cost is somewhat prohibitive to roll out to all our locations managers (e.g. 200 additional users) I would like to see drag-and-drop capabilities in lists (e.g. org structure, dimensions, level attributes), instead of clicking an up/down arrow,9,,MS SharePoint, Microsoft Dynamics GP,9,8,11,2,Utilize Discovery for dashboarding, both for existing users and for additional management. Add additional details to our actuals for further analysis (e.g. transactional info from our data warehouse, general ledger data, etc). Progression to monthly forecasts, at a minimum, or even rolling forecasts.,Moving our annual planning cycle and interim forecast cycles out of a spreadsheet. Reporting is much easier than in our legacy system - simply drag and drop fields and refresh the report. Very simple. We also utilize Office Connect for Excel, which is a powerful reporting add-in which allows refreshing of multiple worksheets and has eased our reporting burden. Utilizing Discovery for dashboards is on our short-term horizon.,Yes,Price Product Features Product Usability Positive Sales Experience with the Vendor Third-party Reviews,Honestly, the only change I would make is talking with existing customers. I certainly don't expect that this would have changed my mind, but perhaps would change the timeline on when certain aspects of the product were implemented and utilized (e.g. connector for pulling in actuals). If I had to make this decision again, I would certainly select Adaptive again. If I ever make a career move, companies using Adaptive, or even considering Adaptive, will earn a much higher spot on my list of prospects.,Professional services company,Change management was a big part of the implementation and was well-handled,First and foremost, my biggest issue was allocating sufficient time to the implementation. I was the only internal resource working on the implementation and conflicting priorities made the process tough. Determining customization for individual portions of the implementation was difficult at times. There are basic sheets, layouts, etc that can be utilized, but a big positive of Adaptive is that it can be customized for individual needs. In hindsight, having a better view of the desired end product would have been helpful.,9,No,8,No,As mentioned previously, the support team resolved a significant issue for me on a weekend, when I didn't anticipate receiving a response until the following Monday. This may seem like a small thing, but resolution of this issue saved me a great deal of time and avoided countless headaches. I'm truly grateful for the quick fix.Solid product, excellent support.Solid product with excellent customer support - supports mainstream budget and forecast needs well and is fairly customizable to customer needs.,You will need someone comfortable with a cloud based product and comfortable with using the tools formula builder along with creating customizations ... it's similar to spreadsheets in a lot of respects, but formulas don't work 100% like they do in Excel and you will create a lot of custom accounts, sheets, etc. that require a little getting used to (along with getting used to a cloud based tool).,10,Instant consolidation of financial numbers; no re-work tracking down linking errors in spreadsheets; easy to run "one-off" scenarios ... basically makes finance professionals more efficient once they get used to the tool and gives them the ability to get at data and run reports more timely than they were probably able to do previously.,,Budgeting, forecasting, headcount tracking, modeling, etc.,Nothing too fancy, but have used their template report functionality to create charts & graphs that link back to a financial data sheet tab; using Excel formulas in the template linking back to the data sheet allow for quite a bit of creativity along with giving users the freedom to still use Excel which most are more comfortable with - the possibilities are really endless as long as you can get the data into a data sheet tab and are strong with Excel. Adaptive has quite a bit of new BI functionality (Discovery, etc.) that I have not had access to yet, but it looks impressive. You can structure your Adaptive models to pull in non-financial data (which can be imported) and then incorporate into your reports.,9,,Vendor implemented,9,Online training Self-taught,8,9,Yes,10Excellent planning and forecasting tool. Strong ROI.It's done everything we need to I have been very happy with it. It's created tremendous efficiency for It would have spent 2 people a weeks time to get information out for a forecast and get it back Became a couple of hours.,There are other things in the product you wish were When started out, reporting was an issue – however it has slowly gotten to the point where it's not an issue anymore.,9,We can sleep better at night knowing that all the data is in one place and we can access it and not in spreadsheets linked together that can bust. It provides one common source of data that people can Otherwise people can say, that’s not my If it’s in Adaptive Planning, then that’s the number. People time We were spending 2 people’s time for a full week each month – basically 0.5 FTE It has also allowed us to scale w/out adding people. It has allowed us to make quicker iterations during annual planning process We are getting a clear ROI from FTE saving Now, the value of accessing data is big,,50,Primarily annual planning and forecasting – both operating and capex.,10,,10,Online training,8,No,8,10,Netsuite,They did not negotiate much All pricing and discounts available posted on website – take it or leave it You get discounts for adding more users and for a longer term contract, paying all upfront. They are very transparent – all incentives on website.
Adaptive Insights, a Workday company
219 Ratings
Score 8.5 out of 101
<a href='' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>TRScore

Adaptive Insights, a Workday company Reviews

<a href='' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>
Adaptive Insights, a Workday company
219 Ratings
<a href='' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.5 out of 101

Do you work for this company? Manage this listing

TrustRadius Top Rated for 2019
Show Filters 
Hide Filters 
Showing 13 of 219 Adaptive Insights, a Workday company ratings and reviews.
Clear all filters
Overall Rating
Reviewer's Company Size
Last Updated
By Topic
Job Type

Reviews (1-13 of 13)

Do you use this product? Write a Review
Brad MacDonald profile photo
May 28, 2019

Outsanding Solution!

Score 10 out of 10
Vetted Review
Verified User
Review Source

Products Replaced

Yes - We used "old-school" Excel-based forecasting/budgeting models. As a growing company, our ability to forecast/budget and report actuals on a timely basis simply would not be sustainable using a manual process.
Read Brad MacDonald's full review
Jack Kersjes profile photo
May 11, 2018

CareStar recommends Adaptive Insights for reporting and dashboards

Score 10 out of 10
Vetted Review
Verified User
Review Source

Products Replaced

Yes - We use Adaptive Insights for all of our financial statement output. It replaced Management Reporter (formerly FRx), which is now part of the Microsoft Dynamics GP suite. Using AI for financial statements is far superior for speed, ease of use, and ease of distribution. For the budgeting and planning cycle, AI replaced about 30 linked Excel workbooks, each averaging 20 sheets, each sheet averaging 50 formulas (that muliplies out to 30,000 formulas!). Needless to say, budgeting in Excel was no longer feasible for our organization.
Read Jack Kersjes's full review
Gary Sabulski profile photo
May 23, 2016

Adaptive Insights

Score 10 out of 10
Vetted Review
Verified User
Review Source

Products Replaced

No - Adaptive was a new purchase for our company which replaced a hybrid manual and SAP budgeting process. Adaptive provided accuracy improvement along with workflow which we did not have with our previous process. As part of our MBO process we were challenged to automate and improve our antiquated budget process. Adaptive provided a solution that was easily implemented and adopted by management and is an important tool for our business.
Read Gary Sabulski's full review
No photo available
March 08, 2016

I will seek out companies using and/or considering Adaptive whenever I make my next career move!

Score 9 out of 10
Vetted Review
Verified User
Review Source

Products Replaced

Yes - 

From a planning and forecasting perspective, Adaptive replaced Excel. Although Excel is flexible, scaling to 200 retail locations and ~40 overhead departments simply wasn't feasible.

From a reporting perspective, Adaptive is in the process of replacing Management Reporter (MR). MR is a very cumbersome, time-consuming, inflexible reporting tool that has grown obsolete for us.

Read this authenticated review

Feature Scorecard Summary

Pixel Perfect reports (1)
Customizable dashboards (1)
Report Formatting Templates (1)
Drill-down analysis (1)
Formatting capabilities (1)
Integration with R or other statistical packages (1)
Report sharing and collaboration (1)
Publish to PDF (1)
Report Versioning (1)
Report Delivery Scheduling (1)
Pre-built visualization formats (heatmaps, scatter plots etc.) (1)
Location Analytics / Geographic Visualization (1)
Predictive Analytics (1)
Multi-User Support (named login) (1)
Role-Based Security Model (1)
Multiple Access Permission Levels (Create, Read, Delete) (1)
Responsive Design for Web Access (1)
Dedicated iOS Application (1)
Dedicated Android Application (1)
Dashboard / Report / Visualization Interactivity on Mobile (1)
Long-term financial planning (116)
Financial budgeting (124)
Forecasting (120)
Scenario modeling (115)
Management reporting (123)
Financial data consolidation (71)
Journal entries and reports (43)
Multi-currency management (51)
Intercompany Eliminations (37)
Minority Ownership (17)
Local and consolidated reporting (61)
Detailed Audit Trails (78)
Financial Statement Reporting (100)
Management Reporting (111)
Excel-based Reporting (111)
Automated board and financial reporting (98)
XBRL support for regulatory filing (12)
Personalized dashboards (75)
Color-coded scorecards (62)
KPIs (72)
Cost and profitability analysis (78)
Key Performance Indicator setting (64)
Benchmarking with external data (45)
Flat file integration (80)
Excel data integration (102)
Direct links to 3rd-party data sources (75)

About Adaptive Insights, a Workday company

Adaptive Insights, a Workday company, aims to power a new generation of business planning, and drive business agility in a fast-moving world. The Adaptive Insights Business Planning Cloud offers powerful modeling for organizations of any size, and helps people in companies to collaborate, gain insights, and make smarter decisions faster.

More than 3,800 organizations across 50-plus countries use Adaptive Insights. The vendor says the product is easy, powerful and fast, and enables "active planning". Recognized for the solution's ease of use, Adaptive Insights ranks #1 in customer satisfaction in independent industry surveys from leading market analysts such as Gartner, Forrester, and BPM Partners.

According to the vendor, Adaptive Insights helps mid-size & enterprise organizations’ leaders better manage their business:
  • Adaptive Insights enables organizations to break free from static planning, to active planning
  • Active planning is collaborative, comprehensive, and continuous
  • Active planning requires a solution that’s easy, powerful, and fast
Capabilities include:
  • Automated Budgeting and Forecasting to increase productivity
  • Self-Service Financial Reporting allowing users to create, share and personalize reports
  • Seamless Integration with, NetSuite, Intacct, & MS Dynamics

Adaptive Insights, a Workday company Features

Budgeting, Planning, and Forecasting Features
Has featureLong-term financial planning
Has featureFinancial budgeting
Has featureForecasting
Has featureScenario modeling
Has featureManagement reporting
Consolidation and Close Features
Has featureFinancial data consolidation
Has featureJournal entries and reports
Has featureMulti-currency management
Has featureIntercompany Eliminations
Has featureMinority Ownership
Has featureLocal and consolidated reporting
Has featureDetailed Audit Trails
FInancial Reporting and Compliance Features
Has featureFinancial Statement Reporting
Has featureManagement Reporting
Has featureExcel-based Reporting
Has featureAutomated board and financial reporting
Has featureXBRL support for regulatory filing
Analytics Features
Has featurePersonalized dashboards
Has featureColor-coded scorecards
Has featureKPIs
Has featureCost and profitability analysis
Has featureKey Performance Indicator setting
Has featureBenchmarking with external data
Integration Features
Has featureFlat file integration
Has featureExcel data integration
Has featureDirect links to 3rd-party data sources
BI Standard Reporting Features
Does not have featurePixel Perfect reports
Does not have featureCustomizable dashboards
Does not have featureReport Formatting Templates
Ad-hoc Reporting Features
Does not have featureDrill-down analysis
Does not have featureFormatting capabilities
Does not have featurePredictive modeling
Does not have featureIntegration with R or other statistical packages
Does not have featureReport sharing and collaboration
Report Output and Scheduling Features
Does not have featurePublish to Web
Does not have featurePublish to PDF
Does not have featureReport Versioning
Does not have featureReport Delivery Scheduling
Data Discovery and Visualization Features
Does not have featurePre-built visualization formats (heatmaps, scatter plots etc.)
Does not have featureLocation Analytics / Geographic Visualization
Does not have featurePredictive Analytics
Does not have featureSupport for Machine Learning models
Does not have featurePattern Recognition and Data Mining
Does not have featureIntegration with R or other statistical packages
Access Control and Security Features
Does not have featureMulti-User Support (named login)
Does not have featureRole-Based Security Model
Does not have featureMultiple Access Permission Levels (Create, Read, Delete)
Does not have featureReport-Level Access Control
Does not have featureTable-Level Access Control (BI-layer)
Does not have featureField-Level Access Control (BI-layer)
Does not have featureSingle Sign-On (SSO)
Mobile Capabilities Features
Does not have featureResponsive Design for Web Access
Does not have featureDedicated iOS Application
Does not have featureDedicated Android Application
Does not have featureDashboard / Report / Visualization Interactivity on Mobile

Adaptive Insights, a Workday company Screenshots

Adaptive Insights, a Workday company Video

Don’t settle for static plans. Get active planning with Adaptive Insights – your source for business budgeting software that is easy, powerful, and fast.

Adaptive Insights, a Workday company Integrations

Adaptive Insights, a Workday company Competitors

Vena Solutions, Host Analytics Cloud EPM Suite, Longview, Prophix, IBM Cognos, Anaplan, CCH Tagetik, Tidemark, BusinessObjects SRC (Discontinued), Oracle Hyperion, SAP


Has featureFree Trial Available?Yes
Does not have featureFree or Freemium Version Available?No
Has featurePremium Consulting/Integration Services Available?Yes
Entry-level set up fee?Optional

Adaptive Insights, a Workday company Customer Size Distribution

Small Businesses (1-50 employees)
Mid-Size Companies (51-500 employees)
Enterprises (> 500 employees)

Adaptive Insights, a Workday company Support Options

 Free VersionPaid Version
Video Tutorials / Webinar

Adaptive Insights, a Workday company Technical Details

Deployment Types:SaaS
Operating Systems: Unspecified
Mobile Application:Apple iOS, Android, Windows Phone, Mobile Web
Supported Countries:United States, Canada, United Kingdom, Ireland, Australia, New Zealand, and many more!
Supported Languages: English, Spanish, French, Japanese, Portuguese (Brazilian), Russian, Polish, Dutch